Contact a HARP Lender

Scam or Real Deal?

Protect yourself with these facts and tips
Scams are a growing problem that could cost you thousands of dollars — or even your home.

Scammers make promises that they can’t keep, such as guaranteeing to “save” your home or lower your mortgage, usually for a fee, often pretending that they have direct contact with your mortgage servicer — which they do not.

Tips to Avoid Scams:

Beware of anyone who asks you to pay a fee in exchange for counseling services. Real help is free.

Beware of people who pressure you to sign papers immediately or who try to convince you that they can “save” your home if you sign or transfer over the deed to your house.

Do not sign over the deed to your property to any organization or individual unless you are working directly with your mortgage company to forgive your debt.

Never make a mortgage payment to anyone other than your mortgage company without their approval.

HARP Electronic Toolkit

Other Government Resources:

Consumer Financial Protection Bureau
The mission of the Consumer Financial Protections Bureau (CFPB) is to make markets for consumer financial products and services work for Americans — whether applying for a mortgage, choosing among credit cards, or using any number of other consumer financial products.

Federal Trade Commission
The mission of the Federal Trade Commission is to prevent business practices that are anticompetitive or deceptive or unfair to consumers.

Loan-to-Value Ratio Calculator

Find out what your loan-to-value ratio is by providing estimated value of your home and current mortgage balance.

Protect yourself from Scams

Remember that real help is free. There should be no fees in exchange for counseling services.